Tata Metaliks' fourth quarter (January-March) consolidated net loss increased to Rs 61.4 crore as against loss of Rs 1.6 crore in a year ago period, due to an exceptional loss of Rs 56 crore.
However, the pig iron manufacturer and supplier's consolidated net sales jumped 31.4 percent to Rs 310.2 crore from Rs 236 crore Y-o-Y.
Other income declined to Rs 5.4 crore from Rs 16.4 crore during the same period.
Also Read - Factors that will drive Sterlite's Q4 nos
At 13:36 hours IST, the stock slipped just 0.37 percent to Rs 40.70 on Bombay Stock Exchange, but trading volumes increased quite significantly.
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